ASIC asks mortgage brokers: Is your panel good enough?

Mortgage brokers will be required to satisfy themselves that recommending from within their lender panel is in the consumer’s best interests. And they should be able to make a “holistic” assessment of other credit products packaged with a home loan…

Yellow Brick Road completes wealth divestment

Yellow Brick Road has sold the last part of its wealth business and is now operating as a specialist mortgage business. The company announced late in December that it had entered into a sale agreement with Sequoia Financial Group in…